Core Viewpoint - Kidsland International (02122) is accelerating its IP ecosystem and all-age market strategy by partnering with Jazwares to launch the HELLO KITTY AND FRIENDS toy line in mainland China, which has received strong consumer interest and recognition in the market [1] Group 1: Company Developments - Kidsland's stock opened over 12% higher, reaching a gain of 12.28% at HKD 0.32, with a trading volume of HKD 145,300 [1] - The HELLO KITTY AND FRIENDS toy series achieved significant pre-sale success, quickly ranking on Tmall's "Double Eleven BJD Doll Bestsellers List" within a month of its launch [1] - During the Shanghai 2025 China Toy Expo in October, the 5-inch interactive Kitty Cat doll won the "Windmill Cup 2026 First Release Upgrade Product" award due to its innovative design and IP integration [1] Group 2: Industry Context - Jazwares, a subsidiary of Berkshire Hathaway, has gained prominence in recent years with its popular plush toy brand SQUISHMALLOWS [1] - The collaboration with Jazwares is expected to enhance Kidsland's existing IP and trendy toy product matrix, providing a wider range of international trendy toy options for Chinese consumers [1] - Kidsland aims to leverage the rich brand resources, channel networks, and marketing capabilities within the toy industry to deliver innovative products and immersive trendy toy experiences to consumers in China [1]

Core Viewpoint - Kidsland International (02122) is accelerating its IP ecosystem and all-age market strategy by partnering with Jazwares to launch the HELLO KITTY AND FRIENDS toy line in mainland China, which has received strong consumer interest and recognition in the market [1] Group 1: Company Developments - Kidsland's stock opened over 12% higher, reaching a gain of 12.28% at HKD 0.32, with a trading volume of HKD 145,300 [1] - The HELLO KITTY AND FRIENDS toy series achieved significant pre-sale success, quickly ranking on Tmall's "Double Eleven BJD Doll Bestsellers List" within a month of its launch [1] - During the Shanghai 2025 China Toy Expo in October, the 5-inch interactive figure of Hello Kitty received the "Windmill Cup 2026 First Launch Upgrade Product" award for its innovative design and IP integration [1] Group 2: Strategic Partnerships - Jazwares, a subsidiary of Berkshire Hathaway, has gained prominence with its popular plush toy brand SQUISHMALLOWS™ in recent years [1] - The collaboration with Jazwares is expected to enhance Kidsland's existing IP and trendy toy product matrix, providing a wider range of international trendy toy options for Chinese consumers [1] - Kidsland aims to leverage the rich brand resources, channel networks, and marketing capabilities of the toy industry to deliver innovative products and immersive trendy toy experiences to consumers in China [1]

Major Events - Sanofi Pharmaceutical (01530) proposes to spin off Mandi International and independently list it on the main board of the Hong Kong Stock Exchange [1] - Youbao Online (02429) signs a trusted asset management platform service agreement with Ant Chain Technology [1] - Jianxi Technology-B (09877) reports 6-month clinical follow-up results for LuX-Valve Plus TRINITY study on patients with large valve rings [1] - Fuhong Hanlin (02696) announces that Hanshu® (Sru Li monoclonal antibody injection) combined with chemotherapy for gastric cancer neoadjuvant/adjuvant treatment has been officially included in the breakthrough therapy drug program by the National Medical Products Administration [1] - Kaizhile International (02122) partners with globally renowned toy company Jazwares to launch HELLO KITTY AND FRIENDS toys [1] Operating Performance - ZTO Express-W (02057) reports third-quarter net profit attributable to shareholders of 2.524 billion yuan, an increase of 5.32% year-on-year [1] - Lenovo Group (00992) announces interim results with a profit attributable to shareholders of 846 million USD, a year-on-year growth of 40% [1] - CSPC Pharmaceutical Group (01093) releases third-quarter results showing a profit attributable to shareholders of 3.511 billion yuan, a decrease of 7.06% year-on-year [1] - NetEase-S (09999) reports third-quarter net profit attributable to shareholders of approximately 8.616 billion yuan, a year-on-year increase of 31.77%, with a dividend of 0.114 USD per share [1] - Jingyou Pharmaceutical (00858) issues a profit warning, expecting a mid-term loss of approximately 450 million to 480 million HKD, transitioning from profit to loss year-on-year [1]

Core Insights - Kidsland International (02122) is accelerating its IP ecosystem and all-age market strategy by partnering with Jazwares to launch HELLO KITTY AND FRIENDS toys in mainland China [1][2] - Jazwares, a subsidiary of Berkshire Hathaway, has gained significant recognition with its SQUISHMALLOWS brand, winning the "Toy of the Year" award for two consecutive years and achieving billions of views on social media platforms [1] Group 1 - The collaboration with Jazwares aims to enhance Kidsland's existing IP and trendy toy product matrix, providing a wider range of international trendy toy options for Chinese consumers [2] - The HELLO KITTY AND FRIENDS toy line features a blend of classic Sanrio characters and trendy designs, including plush bouquets and food-themed items [2] - The flagship 8-inch articulated doll series has received enthusiastic pre-sale support and quickly ranked on Tmall's "Double Eleven BJD Doll Bestsellers" list within a month of launch [2] Group 2 - The 5-inch interactive Kitty Cat doll won the "Windmill Cup 2026 First Release Upgrade Product" award during the Shanghai 2025 China Toy Expo, highlighting its innovative design and IP integration [2] - Kidsland leverages its extensive brand resources, channel networks, and marketing capabilities to continuously deliver innovative products and immersive trendy toy experiences to consumers in China [2]

Group 1 - The core viewpoint of the articles highlights Kidsland's strategic partnership with Jazwares to accelerate the development of IP ecosystems and the all-age market in mainland China, launching the HELLO KITTY AND FRIENDS toy line [1][2] - Kidsland, leveraging over 20 years of experience in toy operations and its extensive distribution network, aims to promote international brands and IPs in the Chinese market [1] - Jazwares, a subsidiary of Berkshire Hathaway, has gained significant recognition with its SQUISHMALLOWS™ brand, winning the "Toy of the Year" award for two consecutive years and achieving billions of views on social media platforms [1] Group 2 - The HELLO KITTY AND FRIENDS toy line features a blend of classic Sanrio characters and trendy designs, including plush bouquets, food items, and fashionable outfits [2] - The flagship product, an 8-inch articulated doll from the high-end collectible series, has received enthusiastic support from fans and trendsetters, quickly ranking on Tmall's "Double Eleven BJD Doll Bestsellers" list within a month of its launch [2] - The collaboration with Jazwares enriches Kidsland's existing IP and trendy toy product matrix, providing Chinese consumers with a wider selection of international trendy toys [2]

Core Insights - Kidsland is accelerating its layout in the IP ecosystem and all-age market by partnering with Jazwares to launch HELLO KITTY AND FRIENDS toys in mainland China [1][2] - Jazwares, a subsidiary of Berkshire Hathaway, has gained recognition with its SQUISHMALLOWS™ brand, winning the American Toy Awards for two consecutive years and achieving significant social media engagement [1] - The collaboration aims to enhance Kidsland's existing IP and trendy toy product matrix, providing a wider range of international trendy toy options for Chinese consumers [2] Group 1 - Kidsland has partnered with Jazwares to introduce HELLO KITTY AND FRIENDS toys, leveraging over 20 years of experience in toy operations and distribution networks in mainland China [1] - The HELLO KITTY AND FRIENDS product line includes plush bouquets, food items, and trendy outfits, with a notable 8-inch articulated doll series that has gained popularity during its pre-sale [2] - The series has quickly risen to the top of Tmall's "Double Eleven BJD Doll Bestsellers" list within a month of its launch [2] Group 2 - The 5-inch interactive doll of Hello Kitty won the "Windmill Cup 2026 First Launch Upgrade Product" award at the Shanghai 2025 China Toy Expo, highlighting its innovative design and IP integration [2] - The board believes that the partnership with Jazwares will enrich Kidsland's product offerings and enhance the immersive trendy toy experience for consumers in China [2]

Kidsland International Holdings Limited （於開曼群島註冊成立的有限公司） （股份代 號：2122） 凱知樂國際控股有限公司 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 Jazwares推出的HELLO KITTY AND FRIENDS玩 具，將 三 麗 鷗 經 典 角 色 形 象 與 潮 流 設 計 巧 妙 融 合，產 品 涵 蓋 毛 絨 花 束、美 食、潮 流 裝 扮 等。其 中，首 款8英寸三麗 鷗 明 星 關 節 可 動 人 偶（「BJD」）手 辦 高 端 收 藏 系 列 尤 為 矚 目，包 含 凱 蒂 貓、美 樂 蒂和庫洛米等的20厘 米 高 關 節 可 動 手 辦，採 用 創 新9處關節可動技術與長腿造 型，搭 配 靈 動「玻 璃 眼」設 計 及 時 尚 服 飾 與 配 件，支 持 多 造 型 擺 拍 與DIY裝 扮。該 系 列 在 預 售 ...